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- North Dakota, home to the Bakken shale formation, is now the fourth state in U.S. history to produce more than 1M bbl/day of oil, as the state's Department of Mineral Resources reports output rose 2.5% in April from March to just above 1M bbl/day.
- North Dakota now produces more than 12% of all U.S. oil and more than 1% of global production - unimaginable just a decade ago
- Texas, California and Alaska previously have crossed the million-barrel mark; of the three, only Texas remains above it, at almost 3M bbl/day.
- Among Bakken producers: CLR, EOG, KOG, WLL, HES, OAS, NOG, EOX, MRO.
Wednesday, June 18, 2014
Seeking Alpha Noted North Dakota's One-Million BOPD Milestone
From Seeking Alpha:
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There is a story out of Yuba county,CA today about a mobile home development's faucets catching fire due to methane content. (Apparently there was an explosion there in 2008 which prompted the development to install water filters.)
ReplyDeleteReportedly, Josh Fox was racing there with his cameras for footage for his newest Gasland opus until he learned that the nearest fracing was taking place in Colorado. Even he didn't think he would be able to sway the OMG crowd with this incident.
Great, great work/effort on your part with your blog, Mr. Oksol. Bigtime thanks!
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I think I saw the headline but didn't read the story. It's amazing all the methane/water faucet stories out! LOL.
DeleteThank you for taking time to write.